• Iran set to seal petchem deal with Total

    Iran set to seal petchem deal with Total

    Apr 09, 2016 08:25

    Iran says it expects to finalize talks with the French energy giant Total over the development of a major petrochemical project in the near future.

  • Russia backs Iran full Shanghai Cooperation Organization membership

    Russia backs Iran full Shanghai Cooperation Organization membership

    Apr 07, 2016 13:59

    Russian Foreign Minister Sergei Lavrov has voiced Moscow’s support for Iran’s permanent membership in the Shanghai Cooperation Organization (SCO).

  • Norway to launch Iran’s first FLNG plan

    Norway to launch Iran’s first FLNG plan

    Apr 07, 2016 05:59

    Iran says it is working on a plan with a Norwegian company to build a floating facility to liquefy natural gas in the Persian Gulf.

  • Iran to raise oil output level to 4mn barrels per day

    Iran to raise oil output level to 4mn barrels per day

    Apr 06, 2016 10:26

    Petroleum Minister Bijan Namdar Zangeneh has announced Tehran’s plan to increase the level of Iranian oil production to four million barrels per day (bpd).

  • Iran deserves access to US financial system: Kerry

    Iran deserves access to US financial system: Kerry

    Apr 06, 2016 10:20

    US Secretary of State John Kerry says Iran deserves access to the US financial system because it has met its obligations under the nuclear agreement.

  • Italy PM to pay landmark visit to Iran next week: Rome

    Italy PM to pay landmark visit to Iran next week: Rome

    Apr 04, 2016 12:11

    Italian Prime Minister Matteo Renzi will reportedly pay a two-day landmark visit to Iran next week, becoming the first major Western leader to travel to Iran after the lifting of international sanctions against Tehran.

  • India, Iran move to expand energy ties

    India, Iran move to expand energy ties

    Apr 04, 2016 12:07

    Indian Oil Minister Dharmendra Pradhan will visit Iran in the coming days for important talks, including on purchase of more oil, development of a giant gas field and investment in petrochemical projects.

  • Iran: Shell cleared all debts

    Iran: Shell cleared all debts

    Apr 03, 2016 13:24

    An Iranian official said on Sunday that the global energy giant Royal Dutch Shell has cleared all outstanding payments from previous oil sales and other related deals.

  • EU banks start re-engaging with Iran

    EU banks start re-engaging with Iran

    Apr 03, 2016 13:23

    European banks have reportedly started to re-engage with Iran after over two months from the removal of sanctions against the country.

  • Iran oil exports surpass 2 million bpd

    Iran oil exports surpass 2 million bpd

    Apr 03, 2016 10:16

    Iran has sharply raised oil exports since the lifting of sanctions in January, with the sales of crude and condensate standing over 2 million barrels per day, Minister of Petroleum Bijan Zangeneh says.